Exhibit 21.1

SUBSIDIARIES OF THE REGISTRANT

SUBSIDIARY		STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION		OWNERSHIP
Magellan Petroleum Corporation owns the following subsidiaries directly:
Nautilus Poplar LLC		Montana, USA		100%
Magellan Petroleum (UK) Investment Holdings Limited		United Kingdom		100%
Magellan Petroleum Australia Pty Ltd (*)		Queensland, Australia		70% (*)
Magellan Petroleum (UK) Investment Holdings Limited owns the following subsidiary directly:
Magellan Petroleum (UK) Limited		United Kingdom		100%
Magellan Petroleum Australia Pty Ltd owns the following subsidiaries directly:
Magellan Petroleum (Eastern) Pty. Ltd.		Queensland, Australia		100%
Magellan Petroleum (Offshore) Pty. Ltd.		Queensland, Australia		100%

^(*) Magellan Petroleum Corporation ("MPC") directly owns 70% of Magellan Petroleum Australia Pty Ltd ("MPA"), and the remaining 30% of MPA is directly owned by Magellan Petroleum (UK) Investment Holdings Limited, a wholly owned subsidiary of MPC.